I’ve been a fan since the days of Black Flag in the early 80s
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Posted: 2013/04/24 by Punkonomics (@dearbalak) in Uncategorized
Tags: debt, disaster capitalism, education, Henry Rollins, student debt
Did Chavez’ Pick Steal the Election in Venezuela? (Greg Palast for Vice Magazine)
- The article on Vice Magazine
- Leer el artículo en español aquí
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Posted: 2013/04/23 by Punkonomics (@dearbalak) in Uncategorized
Tags: chavez, election, Greg Palast, Maduro, propaganda, socialism, Venezuela, Vice Magazine
Nassim Taleb exposing economists’ scientific fraud hidden behind mathematics
Nassim Nicholas Taleb posted this on FB:
We Can Start Exposing Economists:
I just finished a very rough draft of *Fat Tails & (Anti)Fragility* (~100 pages).
https://docs.google.com/file/d/0B_31K_MP92hURjZxTkxUTFZnMVk/edit?pli=1
PART I provides a mathematical toolkit to detect anything that is bullshit in economic modeling (particularly macroeconomics), figure out which papers are flawed from a scientific standpoint, etc. When I mean flawed, it is on the basis that the math used impresses nonmathematicians but does not support the stated policy conclusions.
So I start by putting one Karl Whelan “scientific” work under severe mathematical scrutiny. I select him to start as he worked with central banks, the perfect profile of the person supported by the taxpayer against the taxpayer’s own interests. I also had a disgraceful encounter with him and his macro peers on twitter.
Mr Whelan’s papers can be found here: http://ideas.repec.org/e/pwh23.html
We can progressively expose mathematized social science that way, as I am refining the text, adding words and examples.
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Posted: 2013/04/23 by Punkonomics (@dearbalak) in Uncategorized
Tags: fraud, Karl Whelan, mathematics, methodology, Nassim Taleb, scientific
“Economists afraid of ethics?” (macrobusiness.com.au)
you know we (the economics profession) were not always such scum-bags. Back in the 19th century political-economists (that’s how we called ourselves then… in the 18th c. we were “moral-philosophers”) were at the forefront of the struggle for the abolition of slavery, the emancipation of women, universal suffrage, etc.
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Posted: 2013/04/23 by Punkonomics (@dearbalak) in Uncategorized
Tags: ethics, history, justice, moral philosophy, political-economy
“If you’re not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.” (Malcolm X)
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Posted: 2013/04/23 by Punkonomics (@dearbalak) in Uncategorized
Tags: CISPA, internet freedom, Julian Asange, Mark Zuckerberg, net neutrality, propaganda, wikileaks
Punkonomics (@DearBalak) 